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Irish MPs will not grill Google and Apple on tax 
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
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http://www.pcadvisor.co.uk/news/interne ... ily%20news

You might think UK politicians are corrupt, but they're the equivalent of paying tradespeople in cash and fretting about it compared to the Irish lot.

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Sat Jul 06, 2013 4:34 pm
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Legend
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pcernie wrote:
http://www.pcadvisor.co.uk/news/internet/3456299/irish-mps-will-not-grill-google-and-apple-on-tax/?cmpid=HTML-DN050713&olo=daily%20news

You might think UK politicians are corrupt, but they're the equivalent of paying tradespeople in cash and fretting about it compared to the Irish lot.

Yes and public opinion in Ireland looks like they a finally getting angry about the latest revelations.


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Sat Jul 06, 2013 9:44 pm
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You can't blame companies for using the mechanisms that are available to them in order to save money.
It might not be looked upon with good grace, but if the process is there for them to do it, they'll do it.
Instead of blaming the companies, close the resources available for them to use.

Mark

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Sat Jul 06, 2013 9:56 pm
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Legend
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timark_uk wrote:
You can't blame companies for using the mechanisms that are available to them in order to save money.
It might not be looked upon with good grace, but if the process is there for them to do it, they'll do it.
Instead of blaming the companies, close the resources available for them to use.

Mark

I agree if it is there they will use it. Not really an issue of company problems more of government problems. Every government makes the same mistakes of putting too many loopholes in.


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Sat Jul 06, 2013 10:04 pm
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Doesn't have much of a life

Joined: Sat Apr 25, 2009 6:50 am
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pcernie wrote:
http://www.pcadvisor.co.uk/news/internet/3456299/irish-mps-will-not-grill-google-and-apple-on-tax/?cmpid=HTML-DN050713&olo=daily%20news

You might think UK politicians are corrupt, but they're the equivalent of paying tradespeople in cash and fretting about it compared to the Irish lot.

In your defence, that story is written by an idiot who has used suggestive phrasing to direct you to an emotive response.

But that bit where he said "Instead, Ciaran Lynch, chairman of the Irish parliament's finance committee, intends to press ahead with an inquiry that will simply consider "global taxation and how Ireland engages with the global tax architecture"." really should not include the word simply. Ireland is used as a tax vehicle because it doesn't tax the same things in the same ways as other countries.

There's a very overused phrase around these parts, and I normally refuse to wield it. But for once, we might seriously describe Ireland's corporation tax antics as a race to the bottom. The rate they charge is arguably predatorially low - although if nations were sensible enough to converge on a good number for that, it would surely be much closer to Ireland's rate than America's - but more importantly there are massive exemptions for activities that should be taxable in most countries. All of this squandering has not resulted in very much high quality inward investment of the sort that creates good jobs to offset any losses.

So taking on the issue of how Ireland fits into global taxation rules is very much more important than hauling executives of any particular company before parliament for a worthless dressing down. That's something I would expect even PC Adviser to know.


Sat Jul 06, 2013 10:10 pm
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
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I wasn't suggesting anything other than the issue will be kicked into the long grass, because it then becomes an issue for all those involved in Ireland's historic financial/political corruption. I fully expect the companies to dive in and I don't blame them. Like you I'd rather the press were looking into what enabled it.

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Sun Jul 07, 2013 9:22 am
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